The cryptocurrency market has been bullish over the past 24 hours as Bitcoin and Ether tapped key resistance levels. Bitcoin hit the $78,000 level during the early hours of Wednesday, while Ether is now approaching the $2,400 psychological point. Cardano’s ADA is not left out as it is up by 1.5% in the last 24 hours. ADA extended its gains above $0.2500 at press time on Wednesday, for the third consecutive day so far this week. Retail demand for ADA is heating up amid a buildup in the futures market positions. Technical indicators also show that the 50-day EMA at $0.2600 remains a key dynamic resistance capping short-term recovery attempts.
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